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King Waterbeds has an annual cash dividend policy that raises the dividend each year by 5%. The most recent dividend, Divo, was $0.40 per share.

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King Waterbeds has an annual cash dividend policy that raises the dividend each year by 5%. The most recent dividend, Divo, was $0.40 per share. What is the stock's price if a. an investor wants a return of 7%? b, an investor wants a return of 8%? C, an investor wants a return of 1 1%? d, an investor wants a return of 14%? e, an investor wants a return of 17%

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